Shift in investment strategy highlights SoftBank’s growing focus on generative AI through partnerships and diversified tech holdings.
Photo: Bolivia Inteligente
Key Takeaways
- SoftBank sold its entire $5.8 billion stake in Nvidia, unloading 32 million shares.
- The move is part of the bank’s strategic effort to free up capital for new AI investments.
SoftBank has fully exited its Nvidia position, selling 32 million shares worth $5.8 billion to reallocate funds toward its AI expansion, especially its deepening partnership with OpenAI.
The firm described the divestment as part of an asset-monetization strategy designed to maintain financial discipline while fueling its next phase of AI-driven growth. Executives said the move ensures the company remains liquid and ready for major opportunities in the AI ecosystem.
SoftBank has recently expanded its holdings in other AI-related companies like Oracle and TSMC to bolster its position in the generative AI sector.
Source: https://cryptobriefing.com/softbank-sells-entire-nvidia-stake/